Slater named as likely Austin Reed predator

The Scotsman | March 31, 2003| | Copyright

SLATER Menswear, the Glasgow retailer, is understood to be the mystery bidder stalking upmarket rival Austin Reed.

Industry sources have suggested that the family-owned chain, whose flagship store in Glasgow is in the Guinness Book of Records as the world's largest men's fashion shop, had swooped for the London-based business last week.

Paul Slater, who runs the business, could not be contacted yesterday to confirm that talks had begun.

The group's assistant head, David Pierce, refused to confirm or deny that it had made a move on Austin Reed, adding that Slater himself would be available ...

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